2469 - Trump's Tariffs Melt The Stock Market w/ David Dayen
The Majority Report with Sam Seder
Release Date: 04/04/2025
The Majority Report with Sam Seder
Happy Friday! Sam welcome David Dayen from The American Prospect and Organized Money podcast about Trump's tariff-pocalypse. First, Sam runs through updates on Trump’s global trade war, Congress’ attempt to regain authority over tariffs, South Korea’s impeachment of now-former President Yoon, Trump’s firing of national security officials, the Trump Administration’s public health whoopsie, the Senate’s budget reconciliation, the confirmation of Dr. Oz, Schumer’s polling, Trump’s attack on Brown University, DOGE vs. Social Security, and US aid to Israel, before watching Scott...
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It's an EmMajority Report Thursday! The guests will be political analyst Omar Baddar on Israel's renewed attacks in Gaza, and Paris Marx, host of the podcast "Tech Won't Save Us," about how Elon Musk is running Tesla into the ground. First, Emma runs through updates on Trump’s tariff turmoil and responses in both the Senate and House, Mike Waltz’s security issues, Laura Loomer’s return to the White House, Israel’s seizure of land in Gaza, a joint US-Israel attack on Syria, Netanyahu’s visit to Hungary, and Eric Adams’ announcement that he’s running as an independent, before...
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It's Wednesday! Sam and Emma are joined by Robert Weissman, co-president of the non-profit advocacy organization Public Citizen, which has filed 8 lawsuits against the Trump administration and says they have more coming. Later, Rohan Grey, Assistant Professor of Law at Willamette University, discusses his latest research on the Trump administration’s attempt to seize direct political control over the core payments software of the Treasury’s Bureau of the Fiscal Service, which handles spending for most of the federal government, to block funds to politically disfavored agencies and...
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Sam and Emma are joined by Rachel Cohen, lawyer formerly of Skadden, Arps, Slate, Meagher & Flom, to discuss the country’s largest law firms bending the knee to Donald Trump. First, they run through updates on today’s elections in Wisconsin and Florida, Trump’s attack on the US public health regime, tomorrow’s tariff deadline, the Senate GOP’s budgetary sleight of hand, legal pushback to Trump over voting restrictions and his reclassification of protected Venezuelan migrants, Trump’s ongoing renditioning of Latin Americans to an El Salvadorian gulag, the mobilization of...
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It’s Monday! Sam and Emma are joined by Dave Weigel, politics writer at Semafor, author of the "Americana" newsletter to preview the first round of major elections after the Trump/Musk regime’s DOGE overhaul. First, they run through updates on Trump’s tariffs, a return of stagflation, the rejection of Mike Waltz, the conviction of Marine Le Pen, DOGE’s Social Security crash, RFK’s gutting of infection disease and HIV/AIDS policy, Tesla protests, Tesla fires, Iran’s response to Trump, and the Senate GOP’s budget push, before expanding on Trump’s authoritarian crackdown on...
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It's Friday! Sam and Emma welcome Heather 'Digby' Parton back to the program for a look at another very busy week in news. First, Sam and Emma run through updates on HHS’ mass firings, Dem lawmakers’ demand for the release of the abducted Tufts student, Trump’s tariffs, Trump’s targeting of Smithsonian over “ideology”, the Senate GOP’s love for overdraft fees, HUD’s wage theft, Judge Boasberg’s disciplining of the Trump Administration, the scrapping of Elise Stefanik’s UN role, Elon Musk’s attempt to buy out the Wisconsin Supreme Court election, and Trump’s executive...
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It's Thursday! Emma welcomes Noah Kulwin to discuss the ongoing protests against Israel. First, Emma runs through updates on the Trump Administration’s designation of Mike Waltz as fall guy, Der Spiegel’s expose on Trump’s Cabinets’ security issues, GOP infighting, Kristi Noam’s fascist photo op, the disappearing of a Tufts student, Trump’s frozen funding freeze, the Trump Administration’s attack on public health, Trump’s tariffs, Musk’s political bribes, and Israel’s ongoing slaughter in Gaza, before watching Hegseth (with Trump’s “help”) try to clear his name in the...
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It's Wednesday! Sam welcomes Joel Lava from Tesla Takedown and Mase Veney, an organizer from the Philly Whole Foods Union. First, Sam runs through updates on the Trump Administration’s Signal scandal over their accidental leaking of war plans, the Supreme Court’s affirmation of Biden’s ghost gun regulations, Pennsylvania’s special election, the HHS’s anti-vaxxer-headed study on autism, trickling details about the legal status of certain Venezuelans renditioned to El Salvador, Trump/Musk’s plan to lay off thousands from the Treasury, the Senate GOP’s budget, JD Vance’s visit to...
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It's news day Tuesday, where Sam and Emma break down the biggest headlines of the day, including the unsecure Signal chats scandal and the attack on social security. Become a member at JoinTheMajorityReport.com: Follow us on TikTok here!: Check us out on Twitch here!: Find our Rumble stream here!: Check out our alt YouTube channel here!: Gift a Majority Report subscription here: Subscribe to the ESVN YouTube channel here: Subscribe to the AMQuickie newsletter here: Join the Majority Report Discord! Get all your MR merch at our...
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Sam and Emma welcome Paul Glastris, discussing his new piece 'The Meager Agenda of Abundance Liberals' for Washington Monthly. Also on the show, the Trump admin gives up on "due process." And on the Fun Half: Brian Kilmeade defends deporting people without due process, Dave Rubin has Mars escape plans, Lutnick blase about social security interruptions, and Kat Abughazeleh announces a run for office in Illinois, and more! Read Paul's here https://washingtonmonthly.com/2025/03/23/the-meager-agenda-of-abundance-liberals Become a member at JoinTheMajorityReport.com: Follow us on...
info_outlineHappy Friday! Sam welcome David Dayen from The American Prospect and Organized Money podcast about Trump's tariff-pocalypse.
https://www.organizedmoney.fm/
First, Sam runs through updates on Trump’s global trade war, Congress’ attempt to regain authority over tariffs, South Korea’s impeachment of now-former President Yoon, Trump’s firing of national security officials, the Trump Administration’s public health whoopsie, the Senate’s budget reconciliation, the confirmation of Dr. Oz, Schumer’s polling, Trump’s attack on Brown University, DOGE vs. Social Security, and US aid to Israel, before watching Scott Bessent explain why good markets are bad and bad markets are good. David Dayen then joins to tackle the myriad insanities that led to Trump’s imposition of these tumultuous tariffs, walking through the nonsensical (and potentially AI-generated) formula Trump used to calculate them and the utter dearth of any complementary incentive structure or strategic targeting to go the tariffs, all suggesting that they’re perhaps more grounded in an attempt to bully and punish the rest of the world economically while working-class Americans pay the cost. After expanding on the Bessent “box” theory of Trump’s tariff agenda, Sam and David get in some solid digs at Schumer as they touch on Congress’ ongoing attempt to take back tariff power and ponder the future of a GOP turn on Trump’s economic sabotage, before unpacking what to expect from to the GOP’s ongoing budget reconciliation push. Wrapping up Dayen posits a strong theory on a Conservative push to use rising prices amid tariffs to justify tax cuts, before watching some open criticisms of Trump from Ron Johson and Ted Cruz.
And in the Fun Half: Sam tackles the return of Laura Loomer to Trump’s inner circle, now in the capacity as some form of National Security advisor, parses through some highlights from his appearance on PBD, including an attempt to address some Social Security misinformation, and watches Judge Jeanine make some blatantly incorrect statements about the future of the US economy. Plus, your IMs!
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